China’s pig iron import prices stable on likely steel production cuts

Chinese import prices for basic pig iron remained stable over the two weeks to Thursday August 17, Fastmarkets has heard. Market chatter regarding crude steel production controls in China has damped demand for pig iron, market sources said.

Fastmarkets’ fortnightly price assessment for pig iron, import, cfr China, was $375-380 per tonne on Thursday, unchanged from August 3.

Russia-origin pig iron was heard offered around $385 per tonne...


Shu Yi Zheng

August 17, 2023

12:45 GMT